World LLDPE supply to exceed 31.4 Mn tonnes in 2017

Global polyethylene linear low density (LLDPE) production is poised to exceed 31.4 million tonnes in 2017, according to Merchant Research & Consulting Report published by Market Publishers Ltd.  During 2009-2012, the global LLDPE market witnessed sustained growth. In 2012, the world LLDPE supply registered a 6.6% increase and touched the 25.9 million tonnes mark. 

Asia-Pacific and North America held the largest shares of the overall supply volume. The US, China, Saudi Arabia, Canada and Brazil were the top five LLDPE manufacturing countries; in 2012, their combined share of the overall production stood at over 54% in 2012. 

The world LLDPE consumption dropped considerably during the global crisis in 2008 but showed positive development in 2010. Between 2010 and 2012, the overall consumption volume increased from above 21.34 million tonnes to more than 25.8 million tonnes. The highest demand growth rates were registered in 2010 and 2011 – 10.7% and 13.6%, respectively. In 2012, Asia was ranked as the leading LLDPE consumer in the world, calling for approximately 44% of the overall consumption.